Question
8- The Y Company has bought 20.000 worth of commodities but did not pay the money yet. How to record this transaction? A) B)
8- The Y Company has bought 20.000 worth of commodities but did not pay the money yet. How to record this transaction? A) B) C) D) Commodities 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Cash 20.000 Commodities 20.000 Account's Payable 20.000 Commodities. 20.000
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
3rd edition
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